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Bangladesh is widely considered to be the fastest growing economy in the world. Since 2009, Bangladesh's economy has expanded by 188%. HSBC projected Bangladesh's real GDP growth will amount to 7.1% per year through 2030 - at that point it will boast a US$700 billion economy up from US$300 billion now. It forecasted that Bangladesh would become the world's 26th largest economy by 20306.
Discuss ANY THREE factors why Bangladesh has a faster long-run economic growth than other Asian economies, based on the economic theories about the determinants of long-run growth.
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